Three Months Ended
March 31,

2024

2023

(in thousands, except per share amounts)

Numerator:

Net income

$

258,781

$

333,786

Denominator:

Weighted average shares outstanding, basic

121,972

137,074

Dilutive effect of options and RSUs

1,398

1,338

Weighted average shares outstanding, diluted

123,371

138,412

Net income per share:

Basic

$

2.12

$

2.44

Diluted

$

2.10

$

2.41

Antidilutive and contingent RSUs excluded from diluted EPS

36

1